SIVERTSON ERIC W 4

Accession 0001209191-10-042231

CIK 0000824068other

Filed

Aug 11, 8:00 PM ET

Accepted

Aug 12, 12:51 PM ET

Size

22.1 KB

Accession

0001209191-10-042231

Form 4

Period: 2010-08-12

Director

Transactions

Disposition to Issuer
Common Stock
2010-08-12−21,327→ 0 total
Disposition to Issuer
Option (Right to Buy)
2010-08-12$4.00/sh−5,000$20,000→ 0 total
Exercise: $0.44From: 2003-07-27Exp: 2013-01-27→ Common Stock (5,000 underlying)
Disposition to Issuer
Option (Right to Buy)
2010-08-12$4.00/sh−2,500$10,000→ 0 total
Exercise: $2.51From: 2003-10-30Exp: 2013-04-30→ Common Stock (2,500 underlying)
Disposition to Issuer
Option (Right to Buy)
2010-08-12$4.00/sh−2,500$10,000→ 0 total
Exercise: $4.83From: 2004-11-06Exp: 2014-05-06→ Common Stock (2,500 underlying)
Disposition to Issuer
Option (Right to Buy)
2010-08-12$4.00/sh−7,500$30,000→ 0 total
Exercise: $3.60From: 2005-11-02Exp: 2014-11-02→ Common Stock (7,500 underlying)
Disposition to Issuer
Option (Right to Buy)
2010-08-12$4.00/sh−2,500$10,000→ 0 total
Exercise: $3.19From: 2005-11-05Exp: 2012-05-05→ Common Stock (2,500 underlying)
Disposition to Issuer
Restricted Stock Unit
2010-08-12$4.00/sh−15,901$63,604→ 0 total
Exercise: $0.00From: 2011-06-30Exp: 2011-06-30→ Common Stock (15,901 underlying)
Disposition to Issuer
Restricted Stock Unit
2010-08-12$4.00/sh−11,392$45,568→ 0 total
Exercise: $0.00From: 2012-06-30Exp: 2012-06-30→ Common Stock (11,392 underlying)

Footnotes (6)

[F1]In connection with the merger of a subsidiary of Medtronic, Inc. into Issuer on August 12, 2010 (the "Merger") pursuant to an agreement and plan of merger dated April 28, 2010, all shares of Issuer common stock were converted into the right to receive $4 per share in cash.
[F2]This option was cancelled in the merger in exchange for the right to receive a cash payment equal to the product of (i) the total number of shares subject to the options, multiplied by (ii) the excess, if any, of $4 over the exercise price per share of the shares subject to the option, less any applicable withholding taxes.
[F3]Vests in 25% annual cumulative installments beginning this date.
[F4]1 unit for 1 share of Common Stock.
[F5]This restricted stock unit, the vesting of which was accelerated in connection with the Merger, was cancelled in the merger in exchange for the right to receive a cash payment equal to the product of (i) the total number of shares of stock represented by the restricted stock unit, multiplied by (ii) $4 per share, less applicable withholding taxes.
[F6]Vests as to 100% the earlier of this date, or the date of the second annual meeting following the date of grant.

Documents

1 file

ATS MEDICAL INC

CIK 0000824068

Entity typeother